International

The European Union will tighten steel import quotas to reduce inflows by a further 15 per cent from April, a senior EU official said on Wednesday, in a move aimed at ...

Turkey’s lira fell as much as 12.7 per cent to an all-time low of 42 to the dollar on Wednesday, with bonds and stocks also tumbling, after authorities detained President Tayyip ...

Bond investors are bracing for a US economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income portfolios, taking in to account a Federal ...

The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead as it grapples with the fallout ...

Greek airline Aegean on Tuesday announced its financial and operational results for 2024, reporting record-high revenues and passenger numbers despite significant challenges. The airline recorded consolidated revenue of €1.78 billion, marking a 5 ...

Moody’s has upgraded the credit ratings of three Greek banks—Eurobank, National Bank of Greece (NBG), and Attica Bank—following its recent upgrade of Greece’s sovereign credit rating ...

Optimism was already building among economists on German and eurozone growth in a Reuters poll taken just before key political parties in Germany agreed a historic deal on debt, suggesting ...

Britain’s public finances, strained by growing debt and sluggish growth, face a crucial test this month that investors say could prompt another market shock to an economy that is ...

The US is weighing in with Lebanon’s government on the selection of the country’s next central bank governor in a bid to curtail corruption and illicit financing for ...

Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping. Brent futures rose 56 cents, ...

The US-European tariff conflict is jeopardising transatlantic business worth $9.5 trillion annually, the American Chamber of Commerce to the EU warned on Monday. AmCham EU, whose more than 160 members include Apple, ...

EU-funded researchers are looking to hot air to overcome the supply and demand issues faced by solar energy and ease the clean energy transition. By Michael Allen As the world ...

EU-funded researchers have developed smart tags to guarantee the authenticity and traceability of wine from vineyard to table, helping to combat counterfeiting and boost consumer trust. By Sofia Sanchez Manzanaro ...

If Germany is to quickly revive its flagging industrial economy, businesses say the country’s new leadership must make drastic reductions to bureaucracy alongside their radical plans to boost public ...

Facebook owner Meta (META.O) is testing its first in-house chip for training artificial intelligence systems, a key milestone as it moves to design more of its own custom silicon ...

Britain’s housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of the expiry of a tax ...

Bolivia’s state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company ...

El Al Israel Airlines has reported a nearly five-fold jump in net profit in 2024, benefiting from being one of very few carriers serving Tel Aviv after foreign airlines halted flights ...

Spain’s government has approved a bill imposing massive fines on companies that use content generated by artificial intelligence (AI) without properly labelling it as such, in a bid to ...

Credit rating agency Moody’s has upgraded Greece to investment grade, raising its credit rating to Baa3 with a stable outlook from Ba1 with a positive outlook. “The upgrade reflects ...

Eurozone finance ministers are worried that the change of policy under the new US administration to embrace cryptocurrencies could affect eurozone monetary sovereignty and financial stability, top officials said this ...

British consumer spending lost momentum last month after a bounce at the start of the year, despite households’ rising confidence in their personal finances and the broader economy, surveys of ...

IBM (IBM.N) has won a London lawsuit against US tech entrepreneur and philanthropist John Moores’ company LzLabs, which the IT giant accused of stealing trade secrets. IBM sued Switzerland-based ...

The Women’s International Shipping and Trading Association (WISTA) is set to host its mid-term meeting in India. Scheduled for April 9, 2025, in Mumbai, the meeting is part of the International ...